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Dubai World agrees on $14.6 billion debt deal
Dubai World on Monday announced that it had reached an agreement with a majority of creditor banks to amend and extend terms on about $14.6 billion of debt. The deal entails early repayment of $2.92 billion due this year and the extension of debt due in 2018 to 2022, the…
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Click here to read the full story: Khaleej Times